| HIMIPref™ Preferred Indices These values reflect the December 2008 revision of the HIMIPref™ Indices Values are provisional and are finalized monthly |
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| Index | Mean Current Yield (at bid) |
Median YTW |
Median Average Trading Value |
Median Mod Dur (YTW) |
Issues | Day’s Perf. | Index Value |
| Ratchet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -1.7807 % | 2,380.2 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -1.7807 % | 4,367.6 |
| Floater | 4.91 % | 5.07 % | 42,266 | 15.42 | 4 | -1.7807 % | 2,517.1 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3970 % | 3,175.1 |
| SplitShare | 4.64 % | 5.44 % | 89,830 | 4.53 | 7 | 0.3970 % | 3,791.8 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3970 % | 2,958.5 |
| Perpetual-Premium | 5.56 % | -8.46 % | 148,222 | 0.08 | 2 | 0.0395 % | 2,878.1 |
| Perpetual-Discount | 5.64 % | 5.81 % | 73,537 | 14.17 | 33 | 0.5303 % | 2,941.9 |
| FixedReset Disc | 4.97 % | 5.35 % | 198,937 | 14.92 | 66 | 0.9305 % | 2,265.8 |
| Deemed-Retractible | 5.44 % | 6.38 % | 85,587 | 8.20 | 27 | -0.6709 % | 2,911.2 |
| FloatingReset | 4.05 % | 3.96 % | 42,918 | 2.93 | 7 | 0.0074 % | 2,489.3 |
| FixedReset Prem | 5.16 % | 4.26 % | 259,050 | 2.22 | 14 | -0.0614 % | 2,524.0 |
| FixedReset Bank Non | 2.97 % | 3.87 % | 129,032 | 0.13 | 6 | 0.3171 % | 2,580.3 |
| FixedReset Ins Non | 4.91 % | 6.67 % | 147,129 | 8.38 | 22 | 0.3659 % | 2,241.7 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| MFC.PR.C | Deemed-Retractible | -11.37 % | A nonsensical quote provided at high cost from Nonsense Central, as the issue traded 14,150 shares today in a range of 19.93-37 before being quoted at 17.37-20.39. The closing price was 20.11.
I have not checked whether the lamentable state of the quote is due to inadequate Toronto Stock Exchange reporting or inadequate Toronto Stock Exchange supervision of market-makers. YTW SCENARIO |
| BAM.PR.K | Floater | -7.10 % | A nonsensical quote provided at high cost from Nonsense Central, as the issue traded 5,061 shares today in a range of 13.73-88 before being quoted at 12.70-13.90. The closing price was 13.88
I have not checked whether the lamentable state of the quote is due to inadequate Toronto Stock Exchange reporting or inadequate Toronto Stock Exchange supervision of market-makers. YTW SCENARIO |
| BAM.PF.B | FixedReset Disc | -5.61 % | A nonsensical quote provided at high cost from Nonsense Central, as the issue traded 4,171 shares today in a range of 20.86-16 before being quoted at 19.50-23.49. The closing price was 21.05
I have not checked whether the lamentable state of the quote is due to inadequate Toronto Stock Exchange reporting or inadequate Toronto Stock Exchange supervision of market-makers. YTW SCENARIO |
| MFC.PR.B | Deemed-Retractible | -3.70 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 19.50 Bid-YTW : 7.72 % |
| TRP.PR.H | FloatingReset | -3.70 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 13.00 Evaluated at bid price : 13.00 Bid-YTW : 5.64 % |
| CCS.PR.C | Deemed-Retractible | -2.53 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 22.00 Bid-YTW : 6.60 % |
| SLF.PR.C | Deemed-Retractible | -2.37 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 19.75 Bid-YTW : 7.30 % |
| TRP.PR.K | FixedReset Disc | -2.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 23.05 Evaluated at bid price : 24.29 Bid-YTW : 5.70 % |
| IAF.PR.B | Deemed-Retractible | -2.16 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 20.86 Bid-YTW : 6.81 % |
| PWF.PR.S | Perpetual-Discount | -1.95 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 21.08 Evaluated at bid price : 21.08 Bid-YTW : 5.81 % |
| PWF.PR.P | FixedReset Disc | -1.88 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 15.15 Evaluated at bid price : 15.15 Bid-YTW : 5.52 % |
| SLF.PR.H | FixedReset Ins Non | -1.61 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 17.76 Bid-YTW : 7.61 % |
| SLF.PR.A | Deemed-Retractible | -1.17 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 21.20 Bid-YTW : 6.78 % |
| BAM.PF.G | FixedReset Disc | -1.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 21.07 Evaluated at bid price : 21.07 Bid-YTW : 5.57 % |
| SLF.PR.B | Deemed-Retractible | -1.07 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 21.29 Bid-YTW : 6.78 % |
| CM.PR.R | FixedReset Disc | 1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 22.39 Evaluated at bid price : 23.01 Bid-YTW : 5.45 % |
| PVS.PR.F | SplitShare | 1.02 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2024-09-30 Maturity Price : 25.00 Evaluated at bid price : 24.85 Bid-YTW : 5.04 % |
| IAF.PR.G | FixedReset Ins Non | 1.03 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 20.65 Bid-YTW : 6.63 % |
| MFC.PR.L | FixedReset Ins Non | 1.04 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 18.40 Bid-YTW : 7.63 % |
| RY.PR.H | FixedReset Disc | 1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 20.08 Evaluated at bid price : 20.08 Bid-YTW : 5.16 % |
| PWF.PR.Q | FloatingReset | 1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 16.10 Evaluated at bid price : 16.10 Bid-YTW : 5.09 % |
| NA.PR.A | FixedReset Prem | 1.11 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2021-08-15 Maturity Price : 25.00 Evaluated at bid price : 25.58 Bid-YTW : 4.26 % |
| MFC.PR.K | FixedReset Ins Non | 1.12 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 19.87 Bid-YTW : 7.00 % |
| BMO.PR.W | FixedReset Disc | 1.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 19.60 Evaluated at bid price : 19.60 Bid-YTW : 5.22 % |
| GWO.PR.S | Deemed-Retractible | 1.16 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 23.63 Bid-YTW : 5.99 % |
| BAM.PF.E | FixedReset Disc | 1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 20.65 Evaluated at bid price : 20.65 Bid-YTW : 5.35 % |
| PWF.PR.Z | Perpetual-Discount | 1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 22.23 Evaluated at bid price : 22.55 Bid-YTW : 5.81 % |
| CM.PR.O | FixedReset Disc | 1.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 19.45 Evaluated at bid price : 19.45 Bid-YTW : 5.34 % |
| IFC.PR.A | FixedReset Ins Non | 1.35 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 17.23 Bid-YTW : 7.76 % |
| CM.PR.S | FixedReset Disc | 1.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 21.57 Evaluated at bid price : 21.85 Bid-YTW : 4.95 % |
| GWO.PR.M | Deemed-Retractible | 1.40 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2019-03-31 Maturity Price : 25.00 Evaluated at bid price : 25.40 Bid-YTW : -0.75 % |
| BNS.PR.Z | FixedReset Bank Non | 1.51 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2022-01-31 Maturity Price : 25.00 Evaluated at bid price : 23.51 Bid-YTW : 4.49 % |
| RY.PR.N | Perpetual-Discount | 1.57 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 23.47 Evaluated at bid price : 23.87 Bid-YTW : 5.18 % |
| TD.PF.B | FixedReset Disc | 1.63 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 20.00 Evaluated at bid price : 20.00 Bid-YTW : 5.21 % |
| MFC.PR.J | FixedReset Ins Non | 1.63 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 21.15 Bid-YTW : 6.63 % |
| CM.PR.Q | FixedReset Disc | 1.72 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 20.70 Evaluated at bid price : 20.70 Bid-YTW : 5.47 % |
| TD.PF.C | FixedReset Disc | 1.88 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 19.51 Evaluated at bid price : 19.51 Bid-YTW : 5.30 % |
| RY.PR.Z | FixedReset Disc | 1.92 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 20.20 Evaluated at bid price : 20.20 Bid-YTW : 5.07 % |
| POW.PR.B | Perpetual-Discount | 1.97 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 23.03 Evaluated at bid price : 23.30 Bid-YTW : 5.76 % |
| BIP.PR.E | FixedReset Disc | 2.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 22.14 Evaluated at bid price : 22.70 Bid-YTW : 5.52 % |
| TD.PF.A | FixedReset Disc | 2.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 19.85 Evaluated at bid price : 19.85 Bid-YTW : 5.21 % |
| HSE.PR.C | FixedReset Disc | 2.44 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 19.77 Evaluated at bid price : 19.77 Bid-YTW : 6.29 % |
| BMO.PR.D | FixedReset Disc | 2.51 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 22.53 Evaluated at bid price : 23.27 Bid-YTW : 5.27 % |
| TD.PF.E | FixedReset Disc | 2.56 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 22.09 Evaluated at bid price : 22.40 Bid-YTW : 5.20 % |
| BMO.PR.T | FixedReset Disc | 2.68 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 19.90 Evaluated at bid price : 19.90 Bid-YTW : 5.18 % |
| NA.PR.W | FixedReset Disc | 2.85 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 18.76 Evaluated at bid price : 18.76 Bid-YTW : 5.43 % |
| RY.PR.M | FixedReset Disc | 2.86 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 21.27 Evaluated at bid price : 21.55 Bid-YTW : 5.11 % |
| HSE.PR.G | FixedReset Disc | 3.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 20.51 Evaluated at bid price : 20.51 Bid-YTW : 6.50 % |
| CM.PR.P | FixedReset Disc | 3.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 19.25 Evaluated at bid price : 19.25 Bid-YTW : 5.27 % |
| NA.PR.S | FixedReset Disc | 3.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 19.85 Evaluated at bid price : 19.85 Bid-YTW : 5.33 % |
| BAM.PF.C | Perpetual-Discount | 3.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 20.93 Evaluated at bid price : 20.93 Bid-YTW : 5.85 % |
| NA.PR.C | FixedReset Disc | 3.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 22.25 Evaluated at bid price : 22.82 Bid-YTW : 5.54 % |
| BAM.PR.X | FixedReset Disc | 3.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 16.23 Evaluated at bid price : 16.23 Bid-YTW : 5.36 % |
| CU.PR.C | FixedReset Disc | 3.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 18.35 Evaluated at bid price : 18.35 Bid-YTW : 5.61 % |
| BMO.PR.S | FixedReset Disc | 3.51 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 20.08 Evaluated at bid price : 20.08 Bid-YTW : 5.25 % |
| HSE.PR.E | FixedReset Disc | 3.65 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 20.73 Evaluated at bid price : 20.73 Bid-YTW : 6.48 % |
| MFC.PR.H | FixedReset Ins Non | 4.00 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 21.85 Bid-YTW : 6.41 % |
| PWF.PR.F | Perpetual-Discount | 4.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 22.79 Evaluated at bid price : 23.07 Bid-YTW : 5.79 % |
| HSE.PR.A | FixedReset Disc | 4.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 13.56 Evaluated at bid price : 13.56 Bid-YTW : 6.33 % |
| BAM.PR.Z | FixedReset Disc | 5.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 21.73 Evaluated at bid price : 22.06 Bid-YTW : 5.43 % |
| EMA.PR.F | FixedReset Disc | 8.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 20.69 Evaluated at bid price : 20.69 Bid-YTW : 5.46 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| RY.PR.Q | FixedReset Prem | 98,274 | YTW SCENARIO Maturity Type : Call Maturity Date : 2021-05-24 Maturity Price : 25.00 Evaluated at bid price : 25.90 Bid-YTW : 4.21 % |
| CM.PR.P | FixedReset Disc | 73,623 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 19.25 Evaluated at bid price : 19.25 Bid-YTW : 5.27 % |
| TD.PF.H | FixedReset Prem | 73,013 | YTW SCENARIO Maturity Type : Call Maturity Date : 2021-10-31 Maturity Price : 25.00 Evaluated at bid price : 25.49 Bid-YTW : 4.47 % |
| MFC.PR.F | FixedReset Ins Non | 55,960 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 14.75 Bid-YTW : 8.88 % |
| BAM.PF.G | FixedReset Disc | 54,031 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 21.07 Evaluated at bid price : 21.07 Bid-YTW : 5.57 % |
| BIP.PR.D | FixedReset Disc | 51,831 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-08 Maturity Price : 22.34 Evaluated at bid price : 22.88 Bid-YTW : 6.03 % |
| There were 27 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| BAM.PR.C | Floater | Quote: 13.75 – 18.20 Spot Rate : 4.4500 Average : 2.5295 YTW SCENARIO |
| BAM.PF.B | FixedReset Disc | Quote: 19.50 – 23.49 Spot Rate : 3.9900 Average : 2.2570 YTW SCENARIO |
| TRP.PR.F | FloatingReset | Quote: 16.65 – 23.60 Spot Rate : 6.9500 Average : 5.4913 YTW SCENARIO |
| IFC.PR.A | FixedReset Ins Non | Quote: 17.23 – 20.00 Spot Rate : 2.7700 Average : 1.5978 YTW SCENARIO |
| MFC.PR.C | Deemed-Retractible | Quote: 17.77 – 20.39 Spot Rate : 2.6200 Average : 1.4843 YTW SCENARIO |
| BAM.PR.R | FixedReset Disc | Quote: 18.00 – 20.00 Spot Rate : 2.0000 Average : 1.1978 YTW SCENARIO |